Crew- Why the hurry to sell EXK. The share price has risen considerably since the transaction occurred while AUQ's has fallen. Have you noticed that within a few short months EXK has more than doubled production at ElCubo going from 81 gpt to 176 gptin August. Both stocks should do very well but production wise, EXK is hitting on all eight cyclinders while AUQ is bumbling along.
AUQ has more upside in the long run. I can buy EXK on my own if I want to. The benefits of retiring shares and doing buy backs at this price is twofold: price appreciation from growth and high metals pricing and reducing the amount of oustanding shares increases the earnings per share. AUQ gets no credit from the investment community for the EXK holding and is treated as cash.